The latest short positions disclosed by hedge funds in equities of Finland, Italy, and Germany.
Finland
The short positions disclosures from Finnish equities has revealed a number of short bets in the struggling mobile phone company, Nokia Corporation (NYSE:NOK). Many of the offshoots of Tiger Management (tiger cubs) are shorting it; Viking Global 2.21 percent, Maverick Capital 1.70 percent, Lone Pine Capital 0.57 percent, Coatue Offshore Master fund 0.8 percent, and Blue Ridge Capital has a position in 1.37 percent of Nokia Corporation (NYSE:NOK).’s shares.
Others who are shorting Nokia Oyj (HEL:NOK1V) are D.E Shaw, Discovery Capital Management, and SRS Partners.
Eton Park Intl and AQR Capital are shorting Nokian Renkaat Oyj (HEL:NRE1V), a tire manufacturing company. Steve Cohen’s SAC Capital Advisors is shorting Nestle Oil OYJ.
The seasoned short seller, Jim Chanos, who manages Kynikos Associates, is shorting Metso Oyj (PINK:MXCYY) (PINK:MXCYY). Maverick Capital has a large short position in Outotec Oyj (HEL:OTE1V), that amounts to 3.14 percent of Outotec’s outstanding shares.
Lone Pine Capital, Coatue Offshore Master fund, Morton Holdings, and Maverick Capital are also shorting Stora Enso OYJ (PINK:SEOAY) (HEL:STEAV). The aggregate short positions equal to 5.69 percent of Stora Enso’s shares.
Italy
In Italy, Viking Global is betting on a bearish future for Assicurazioni Generali SpA (BIT:G) while Tiger Global Management has a short bet on Arnoldo Mondadori Editore SpA (BIT:MN). A number of UK based hedge funds and AQR Capital are shorting Mediaset SpA (BIT:MS), the combined position amounts to 4.3 percent of the company’s shares.
The largest single position by US hedge fund is GMT Capital’s short bet on 2.85 percent of Geox SpA (BIT:GEO), a brand that manufactures shoes and apparel, while UK based AKO Capital has a short bet on 4.26 percent of Finmeccanica SpA (BIT:FNC), an aeronautics and space machinery manufacturing company.
Germany
Maverick Capital has a bet on 7.82 percent of AIXTRON SE (NASDAQ:AIXG). This is the largest short position we have come across so far in all disclosures. The semiconductor company is also a short position of Pennant Capital and Asian Century Quest Capital. Pennant Capital also has a short in 0.95 percent shares of Sky Deutschland AG, a stock that OdeyAsset Management reportedly gained profits in the month of October.
Tiger Global has a short position in Asian Bamboo AG (ETR:5AB) (FRA:5AB) and Global PVQ SE (ETR:QCE) (FRA:QCE), while Tiger Management is shorting Powerland AG (ETR:1PL) (FRA:1PL). Viking Global is shorting K+S Aktiengesellschaft.
Citadel Advisors has a short bet in SolarWorld AG (ETR:SWV) (FRA:SWV) while AQR capital is shorting Dialog Semiconductor plc (ETR:DLG) (FRA:DLG), Infineon Technologies AG (PINK:IFNNY) (ETR:IFXA) (FRA:IFXA), and Kloeckner & Co SE (ETR:KCO) (FRA:KCO) USA Beteiligungs GmbH.
Other frequently shorted German equities are, Qiagen NV (FRA:QIA) (ETR:QIA), TAG Immobilien AG (ETR:TEG) (FRA:TEG), and TUI AG (ETR:TUI1) (FRA:TUI1).
Powerland AG
